Lucent Receives Hart-Scott-Rodino Clearance For Yurie Acquisition
MURRAY HILL, N.J., May 12 /PRNewswire/ -- Lucent Technologies announced today that it has received Hart-Scott-Rodino Act clearance from the U.S. Government to acquire Yurie Systems, Inc.
On April 30, 1998, Lucent began a $35 per share tender offer for Yurie Systems, a global leader in ATM access technology and equipment for data, voice and video networking. The tender offer will expire on May 28, 1998.
Lucent Technologies designs, builds and delivers a wide range of public and private networks, communications systems and software, business telephone systems and microelectronics components. Bell Labs is the research and development arm for the company. More information about Lucent Technologies, headquartered in Murray Hill, N. J., is available on its web site at lucent.com.
SOURCE: Lucent Technologies
|
